The beginning of 2019 is proving to be more than kind to South Carolina Ports Authority. The company confirmed January 2019 to be the strongest January on record, with over 205,000 TEUs being handled with an impressive 12.5 percent fiscal year-over-year growth for volume.
“January was an exceptionally strong month for our Port, helping drive container volumes well ahead of our financial plans,” said Jim Newsome, SCPA president and CEO. “With uncertainty in the trade forecast this spring, our fiscal year-to-date growth through January puts the Port in a good position to weather a potential dip in container volume and still achieve our plan of 1.3 million pier containers in FY19.”
Additionally, SCPA confirmed a record total of 119,042 pier containers were handled in January, solidifying record numbers for pier container volume. The company’s announcement also stated Inland Port Greer and Inland Port Dillon also saw record-setting volumes in January.
About South Carolina Ports Authority
South Carolina Ports Authority (SCPA), established by the state’s General Assembly in 1942, owns and operates public seaport and intermodal facilities in Charleston, Dillon, Georgetown and Greer. As an economic development engine for the state, Port operations facilitate 187,200 statewide jobs and generate nearly $53 billion annual economic activity. SCPA is soon to be home to the deepest harbor on the U.S. East Coast at 52 feet, and the Port is an industry leader in delivering speed-to-market, seamless processes and flexibility to ensure reliable operations, big ship handling, efficient market reach and environmental responsibility. For more information on SCPA, please visit www.scspa.com.